Monday 29 April 2019

Jaguar Land Rover will pay you cryptocurrency to hand over driving data

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Jaguar Land Rover has partnered up with cryptocurrency IOTA to add several crypto-related options to its cars. 

Most importantly, drivers will be able to earn cryptocurrency by allowing the car to hand over some driving data. These coins will be redeemable for things such as coffees, parking tickets and electric car charging, the company announced Monday.

This technology, which is currently undergoing testing at Jaguar Land Rover, will allow the car to automatically report "useful" road conditions, like traffic congestion or potholes to entities such as navigation providers or local authorities. If the car owner allows this, they will get "credits" — presumably IOTA coins, though it's not specified — which will be redeemable for a variety of products and services.  Read more...

More about Jaguar Land Rover, Cryptocurrency, Crypto, Tangle, and Iota

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